Property Details: Purchase Price: $7,885,000 ($725.00 PSF) Premises: Unit 1: 6,900 SF Unit 2: 3,972 SF Total: 10,872 SF Ownership: Stratified Freehold, subject to Heritage Easement Agreement Possession Date: November 1, 2023 Realty Taxes: To be assessed by City of Toronto Shared Reciprocal Costs: $20,619 per annum ($1.90 PSF) Parking (P1 Level with elevator access): 10 retail visitor parking stalls 5 car-share parking stalls Shipping / Receiving: Laneway access to Type C loading bay Frontage: Approx. 233 FT on Eastern Avenue Signage: Exterior signage permitted on Historical Façade subject to Signage Plan Zoning: Commercial Residential (Please see Permitted Uses) Utilities: Separately metered Restrictive Covenant: Limit on the operation of a food store of over 8,000 SF * Purchasers are advised that due to the nature of the building and construction of the building on a pre-existing structure, there may be unforeseen changes to aspects of the Unit, including without limitation, ceiling heights, finish, layout, design, etc..
Highlights:
Beautiful character space featuring exposed brick and beam characteristics
Signature industrial style window fa ade providing ample natural light
Ample signage and branding opportunity spanning 230+ FT of frontage on Eastern Avenue
Rare onsite commercial parking for up to 10 cars with added car-share amenity
Open floor plans with 12 FT ceiling heights
*Purchasers are advised that due to the nature of the building and construction of the building on a pre-existing structure, there may be unforeseen changes to aspects of the Unit, including without limitation, ceiling heights, finish, layout, design, etc..